HALIFAX (May 15, 2002) Eleven Nova Scotian companies are preparing to join Premier John Hamm in New York next week to help spread the news that Nova Scotia and the Atlantic provinces are great places in which to do business.
The 11 companies are part of Team Canada Atlantic's first trade mission to the Big Apple. They will meet May 21- 23 with prospective buyers, take part in discussion forums, and network with members of the lucrative business community in New York.
"This mission will allow our companies to meet face to face with the New York business community, an opportunity made possible through Team Canada Atlantic," said Premier Hamm. "With 2.4 per cent growth in GDP last year, Nova Scotia was the second fastest-growing province in Canada, and trade missions such as the one next week will help us build on that performance."
The Atlantic Provinces Economic Council (APEC) estimates that for every $68,000 increase in exports, one new job is created. During 2001-02, more than 210 Nova Scotian companies participated in some 25 trade events to promote the products and services Nova Scotia has to offer markets abroad. To date, these companies estimate that sales from these events have topped $33.5 million.
"Any success our companies have at the trade mission directly improves our economy," said Stephen Lund, president and CEO of Nova Scotia Business Inc. "Expanding our exports and increasing the number of investments in our province brings money in and creates viable, strong companies."
As the largest urban centre in the United States, New York City is home to more than eight million people and its metropolitan region population exceeds 21 million. It's also the business and financial capital of the world, home to 97 Fortune 500 national and international corporations.
The Team Canada Atlantic mission to New York City is a co-operative effort between ACOA, the four Atlantic provinces, the Department of Foreign Affairs and International Trade, Industry Canada, Nova Scotia Business Inc., and Canadian Manufacturers and Exporters. In total, 47 companies from the Atlantic Provinces are taking part in the mission.
Nova Scotia companies taking part in the mission:
- Argyle Sea Products, Yarmouth
- Concertia Technologies Inc., Halifax
- Corporate Communications Ltd., Halifax
- Eastech Advanced Development Inc., Bedford
- IT Interactive Services Inc., Halifax
- Minas Basin Pulp and Power Company Ltd., Hantsport
- Renovators Resource Inc., Halifax
- Smartfirm Inc., Halifax
- WAPN Fisheries and Seafoods Ltd., Membertou Mi'kmaw Community
Associate companies (Associate companies take part in all of the investment promotion activities. Matchmaking services, which are provided to the full delegates, are not included, but are available on a fee-for-service basis.)
- Jacques Whitford Group Ltd., Dartmouth
- L&M Highland Outfitters, Dartmouth